Union Insurance Hosts 2026 Annual Event

Union Insurance Hosts 2026 Annual Event
Celebrating Excellence and Unity behind FY 2025
Exceptional Results
(Dubai, UAE- May 6, 2026) - Union Insurance Company, one of the leading providers of
innovative customer-focused insurance solutions to individuals and organisations in the
UAE, recently hosted its 2026 annual event to celebrate the significant financial
milestones achieved in 2025 together with its employees and their families.

The event featured an award ceremony, where employees were recognised for their
discipline and pursuit of excellence, alongside those honoured for outstanding sales
performance in the past year. The presence of families added a special significance to
the evening, acknowledging the vital support system behind every employee's success.

During the event, the Chief Executive Officer, Mr Ramez Abou Zaid thanked all
departments for their contributions to the company’s strong financial results. He
highlighted the 20% increase in profit, reaching AED 45.97 million in 2025 from AED 38.3
million in 2024, and the 21% YOY growth in net underwriting profit, rising from AED 19.8
million in 2024 to AED 24.04 million in 2025, among other key financial indicators.

Commenting on the occasion, Mr. Ramez Abou Zaid, said: “Moments like these form
the foundation for our continued growth and success, as we honour the talent behind
our progress.”

Photo Caption:
Seen in the pictures from left to right:

Photo 1
Mr Ramez Abou Zaid, Chief Executive Officer, Union Insurance Company and the
winner of Employee of the Year Award, Abdel Razzaq Al Deeb, Head of Motor
Underwriting, Union Insurance Company.

Photo 2
Mr Ramez Abou Zaid, Chief Executive Officer, Union Insurance Company and the
winner of the CEO Award, Mahmoud Shalab, Head of Health Department, Union
Insurance Company.

-Ends-

About Union Insurance Company
Established in 1998 and listed on the Abu Dhabi Securities Exchange, Union Insurance
Company is regulated by the UAE Central Bank and has a paid-up capital of AED 250
million. The company provides a wide range of individual and commercial insurance
products to clients in the UAE.

For further information, please contact Riham Osama or Sara Mohamed at:
+97143787777 or email:
riham.o@unioninsurance.ae or sara.m@unioninsurance.ae